The US Department of Commerce (DOC) has released its first quarter 2008 reference prices for hot rolled steel products imported from Russia under the scope of the suspension agreement between the two sides. The prices, which are valid for the period January 1, 2008, through March 31, 2008, indicate an increase as compared to the previous quarter's prices.
The revised reference prices are as follows:
Hot rolled steel |
New Reference Prices |
Previous Quarter's Prices |
Commercial and Structural Quality Steel: |
$456.65/mt |
$449.35/mt |
HSLA & HSLA-F Quality Steel Grades: A752, A1011-HSLAS, A1018-HSLAS, A1011-HSLAS-F, A1018-HSLAS-F, API 5L Grades X42, X46, X52, X56, X60, API 5CT Grades J55 and K55 |
$501.39/mt |
$493.38/mt |
High Grade Coils and Sheets for Pipes and Casings: |
$582.93/mt |
$573.61/mt |